Why is Baroda Extrusion falling/rising?
As of 06-Aug, Baroda Extrusion Ltd's stock price is declining at 7.13, down 1.11%, and has fallen 7.4% over the last three days. It is trading below all major moving averages, indicating a bearish trend, and has underperformed significantly compared to the Sensex in various time frames.
As of 06-Aug, Baroda Extrusion Ltd is experiencing a decline in its stock price, currently at 7.13, which reflects a decrease of 0.08 or 1.11%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 7.4% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, with a 40.76% drop compared to the 5-day average, suggesting a reduction in investor participation. There are no positive or negative dashboard factors available to provide further insights into the stock's recent movement.In the broader market context, Baroda Extrusion's short-term performance has been notably poor compared to the benchmark, with a 1-week return of -3.91% against the Sensex's -1.15%. Over the past month, the stock has declined by 12.84%, while the Sensex has only fallen by 3.46%. Year-to-date, Baroda Extrusion has seen a significant drop of 22.75%, contrasting sharply with the Sensex's gain of 3.08%. This underperformance relative to the benchmark highlights the challenges the company is facing in the current market environment.
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